Piper Sandler Maintains Neutral on Matterport, Raises Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained a Neutral rating on Matterport (NASDAQ:MTTR) and increased the price target from $2.5 to $3.
January 02, 2024 | 3:03 pm
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POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Matterport but raised the price target from $2.5 to $3, indicating a potential upside from the previous target.
The increase in price target by Piper Sandler suggests a positive outlook on Matterport's valuation, which could lead to a short-term increase in investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100